Hello, I'm a
cryptocurrency user interested in sending ETH or ERC-20 tokens to a recipient using my Coinbase wallet. Could you please guide me through the process? I'm wondering if I need to know the recipient's specific wallet address and if there are any specific steps I should follow to ensure the transaction is successful. Additionally, I'm curious about any fees associated with sending tokens through Coinbase and if there are any security measures I should take to protect my funds. Your expertise in this area would be greatly appreciated.
7 answers
CryptoElite
Sat Jul 13 2024
Coinbase Wallet offers users the flexibility to send supported assets through various methods.
Alessandra
Sat Jul 13 2024
One such method is utilizing a cryptocurrency address, which ensures direct and secure transfer of funds.
KpopHarmonySoulMate
Sat Jul 13 2024
Additionally, users can leverage their Coinbase Wallet username for sending assets, providing a more user-friendly experience.
Valentino
Fri Jul 12 2024
For Ethereum and ERC-20 tokens, Coinbase Wallet incorporates the Ethereum Name Service (ENS) for enhanced usability.
SsamziegangSerenadeMelodyHarmonySoul
Fri Jul 12 2024
ENS allows users to associate a human-readable name with their crypto address, simplifying the sending process.